Quotes from Capital Economics:
- The steady downward grind in German government bond yields, which has taken the 10-year as low as 1%, has inevitably fed speculation that bunds may be heading the way of Japanese government bonds (JGBs).
- Indeed, we have long argued that there is a real and growing danger that the euro-zone enters a Japanese-style bout of flat or falling prices. We also expect y.
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Aussie Rate-Cut Bets Derail World-Beating Gain
This year’s best-performing major currency is losing steam as the Reserve Bank of Australia reinforces prospects it will consider cutting interest rates unless the economy regains momentum. Derivatives traders turned the most pessimistic on Australia’s dollar since March and boosted the odds of an interest-rate reduction by year-end to 29 percent, data compiled by Bloomberg ..
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, AUD/USD - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Mildly offered inside range. Will the short-term correctional divergence be enough to buck the trend or not? A move outside well tested parameters at 1.3344/33 below or 1.3433/45 above is needed to show a directional tilt.
Traders brace for research crackdown as easy money dries up
Regulatory pressure to undo the traditional way brokers sell research alongside share dealing is alarming traders in Europe, who fear a further drop in business and more cost-cutting in an already tough environment. At stake is the lucrative but opaque system under which fund managers pay brokers an all-in commission on every trade, charged to the fund's clients
German ZEW - Economic Expectations Decline Significantly
The ZEW Indicator of Economic Sentiment for Germany declines significantly in August 2014. The respective indicator has lost 18.5 points and now stands at 8.6 points (long-term average: 24.6 points). Decreasing for the eighth consecutive time, the indicator has reached its lowest level since December 2012. The current decline is the strongest since June 2012. The decline in ..
